For a lot of people, the answer to this question is an important one.   Some voters may make decisions in November based upon the answer to this question.    The answer?   Well, while not authoritative, the New York Times attempted to answer this question.   Its answer:  Yes.   Most people saw health insurance costs decrease.    In sum,  the dire warnings that the law would cause premiums for most people to rise sharply have proved unfounded. The law has spurred competition, with new companies entering the market. And early indications are that premium increases next year will be relatively modest.   For more details, check out the article at this webpage.

One caveat:  the real test of whether Obamacare worked or not will not be determined this year, next year or even in 2016.    A law with the vast scope of the Affordable Care Act will not be properly assessable until 2020, or after.    Still, here’s an early indicator for those closely following this issue.

According to the Los Angeles Times in an October 2016 report, Obamacare has worked in California.  The state has recorded some of the nation’s most dramatic gains in health coverage since 2013 while building a competitive insurance marketplace that offers consumers enhanced protections from high medical bills.Californians, unlike people in many states, have many insurance choices. That means that even with rising premiums, the vast majority of consumers should be able to find a plan that costs them, at most, 5% more than they are paying this year.   The Times reports that between 2013 and 2015, the share of working-age adults in California without coverage plummeted from 23.7% to 11.1%, according to federal data. Only three states saw larger declines over the same period.The new coverage has dramatically improved patients’ access to medical care and reduced financial strains, other research indicates. More than three-quarters of newly insured Californians said their health needs are now being met,according to  a recent survey by the nonprofit Kaiser Family Foundation.